| Quarterly Information (Unaudited) |
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| (In
millions, except per share amounts) |
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| Quarter Ended |
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September 30 |
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December 31 |
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March 31 |
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June 30 |
(a) |
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Total |
(a) |
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Fiscal Year 2014
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Revenue
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$ 18,529 |
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$ 24,519 |
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$ 20,403 |
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$ 23,382 |
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$ 86,833 |
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Gross margin
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13,415 |
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16,235 |
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14,462 |
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15,787 |
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59,899 |
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Net income
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5,244 |
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6,558 |
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5,660 |
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4,612 |
(b) |
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22,074 |
(b) |
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Basic earnings per share
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0.63 |
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0.79 |
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0.68 |
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0.56 |
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2.66 |
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Diluted earnings per share
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0.62 |
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0.78 |
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0.68 |
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0.55 |
(b) |
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2.63 |
(b) |
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Fiscal Year 2013
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Revenue
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$ 16,008 |
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$ 21,456 |
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$ 20,489 |
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$ 19,896 |
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$ 77,849 |
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Gross margin
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11,840 |
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15,764 |
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15,702 |
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14,294 |
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57,600 |
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Net income
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4,466 |
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6,377 |
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6,055 |
(c) |
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4,965 |
(d) |
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21,863 |
(e) |
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Basic earnings per share
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0.53 |
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0.76 |
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0.72 |
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0.59 |
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2.61 |
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Diluted earnings per share
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0.53 |
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0.76 |
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0.72 |
(c) |
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0.59 |
(d) |
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2.58 |
(e) |
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| (a) |
NDS
has been included in our consolidated results of operations
starting on April 25, 2014, the date of
acquisition.
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| (b) |
Includes a tax provision adjustment recorded in the fourth
quarter of fiscal year 2014 related to adjustments to prior
years’ liabilities for intercompany transfer pricing which
decreased net income by $458 million and diluted earnings per share
by $0.05.
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| (c) |
Includes a charge related to a fine imposed by the European
Commission in March 2013 which decreased net income by $733 million
(€561 million) and diluted earnings per share by
$0.09.
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| (d) |
Includes a charge for Surface RT inventory adjustments
recorded in the fourth quarter of fiscal year 2013, which decreased
net income by $596 million and diluted earnings per share by
$0.07.
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| (e) |
Includes a charge related to a fine imposed by the European
Commission in March 2013 which decreased net income by $733 million
(€561 million) and diluted earnings per share by $0.09. Also
includes a charge for Surface RT inventory adjustments recorded in
the fourth quarter of fiscal year 2013, which decreased net income
by $596 million and diluted earnings per share by
$0.07.
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